secwatch.observer — SEC 8-K summary
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Issuer:     Invivyd, Inc. (IVVD)
CIK:        0001832038
Form:       8-K
Filed at:   2024-04-12T23:59:59+00:00
Accession:  0001193125-24-093929
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Invivyd CEO David Hering departs; Jeremy Gowler appointed Interim CEO
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- Dave Hering ceased as CEO and director effective April 11, 2024; employment ends May 11, 2024; Board searching for permanent CEO.
- COO/Commercial Officer Jeremy Gowler appointed Interim CEO effective immediately; will also retain COO/Commercial roles.
- Gowler receives $5,000/month additional while serving as Interim CEO; 2024 bonus target increased to 55% on $525k annualized base for interim period.
- Board reduced from 9 to 8 members upon Hering's resignation from board.
- Press release highlights focus on PEMGARDA launch for COVID PrEP and strong balance sheet.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1832038/000119312524093929/0001193125-24-093929-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1832038/000119312524093929/d748852d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-093929

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer